Compliance Support, Insurance & Wealth

Aditya Birla Capital; Mumbai; On-site; INR 900,000 - 1,300,000; Full time

Job summary

Aditya Birla Capital in Mumbai seeks a TM - Compliance (Insurance & Wealth) to support the CCO in managing regulatory and compliance requirements. You will coordinate with regulators and internal stakeholders and prepare timely updates for Senior Management and the Board.

The role focuses on regulatory filings, dissemination of compliance information, and follow-up on actions across functions. You will assist in risk assessments and provide guidance on regulatory requirements to business units.

Qualifications

• Experience in regulatory compliance and coordination with regulators.
• Familiarity with RBI/IRDAI/SEBI guidelines.
• Ability to prepare board presentations and reports.

Responsibilities

• Coordinate with regulators for meetings, inspections, and information requests.
• Prepare compliance updates for Senior Management and Board.
• Liaise with risk, audit and other internal teams on compliance matters.
• Track compliance deliverables and assist in investigations and reviews.

Job description

Job Purpose

Team Member of the Compliance function who will assist the Vertical Head in managing the regulatory affairs & compliance of Insurance Intermediation and the Wealth Business. Will also report to The Chief Compliance Officer (CCO) ABCL for projects or assignments as may be specified by the CCO from time to time.

TM - Compliance (Insurance & Wealth)

To support the Chief Compliance Officer in managing regulatory and compliance requirements by coordinating with internal stakeholders and regulators. The role ensures timely preparation of compliance updates and presentations for Senior Management and the Board and facilitates effective regulatory communication and submissions.

Key Result Areas

• Compliance with the various regulations
• Dissemination of information to the relevant functions and follow up for compliance
• Periodic regulatory filings
• Specific regulatory submissionsRoutine clearances/guidance/clarification to businesses/functions
• Apply knowledge of specific regulations and guide stakeholders

Regulatory Coordination and Submissions

• Coordinating with regulators for meetings, inspections, and information requests
• Coordinating with internal stakeholders for collating data for regulatory submissions; ensuring accuracy and timeliness of submissions; maintaining records of correspondence with regulators.

Preparing Senior Management and Board Presentations

• Preparing compliance presentations and updates for Senior Management and the Board
• Tracking key compliance issues, regulatory developments and action plans; ensuring clarity, accuracy and completeness of reporting; supporting follow-ups on decisions/actions from meetings.

Stakeholder Coordination and Compliance Support

• Liaising with business, risk, audit and other internal teams on compliance matters
• Providing guidance on regulatory requirements
• Tracking and following up on compliance deliverables across functions; supporting inspections, audits and compliance reviews.

Regulatory Compliance Management

• Monitoring regulatory updates on the RBI/IRDAI/SEBI websites and assessing applicability
• Supporting implementation of RBI and other regulatory requirements
• Maintaining compliance trackers and ensuring timely closure of action items
• Assisting in compliance risk assessment for new/existing processes

Special Projects / Assignments

Deliver on specific tasks as may be guided by the CCO from time to time. .